IRMO

Iraq Reconstruction Management Office(IRMO)

The Iraq Reform and Reconstruction Fund (I3RF)

The Iraq Reform, Recovery and Reconstruction Fund(I3RF) was founded in partnership with the Government of Iraq(GOI) in 2018 and is funded by Canada, Germany, Sweden and the United Kingdom. The Trust Fund provides a platform for financing and strategic dialogue for reconstruction and development in Iraq, with a focus on promoting targeted national reform efforts and improving the effectiveness of public and private investments in socio-economic recovery and reconstruction, The I3RF also aspires to support gender equality, the climate change agenda, peacebuilding, and citizen engagement in Iraq. 

Also of note since its inception in November 2018, the I3RF has worked closely with The Government of Iraq which oversees this Iraq Reform, Recovery and Reconstruction Fund (I3RF) to support its recovery and reconstruction plans as well as inform its economic reforms. Sector teams continue to work closely with over 28 line ministries and other government entities to develop concrete action plans to implement economic reforms through technical assistance, advisory, analytical work and Recipient- Executed (RE) pilot projects. In 2022, the I3RF produced 39 multi-sectoral analytical works to support economic reforms and diversification in Iraq. I3RF projects have informed policy and programming in reconstruction, agriculture, environment, energy, social protection, education, public financial management, the financial sector, the private sector, poverty programming and peacebuilding. This Trust Fund provides a platform for financing and strategic dialogue for reconstruction and development in Iraq, with a focus on promoting targeted national reform efforts and improving the effectiveness of public and private investments in socio-economic recovery and reconstruction. I3RF through the Government of Iraq assigns priority to stabilization programs according to local needs in order to promote employment, economic growth, infrastructure reconstruction, and further investment in all areas of Iraq. Following this post COVID-19 era, I3RF was further supported by funds donated from the Department for International Development(DFID) in the tune $750m(USD), hence this Multi-Donor Trust Fund has a $1.88b(USD) total budget that will be used between January, 2024 and December, 2025.

This I3RF 2023 annual report places a strong focus on results achieved from a range of multi-sectoral projects supported by the Fund. The report starts with an overview of the Fund and context. This is followed by a section on Results and Highlights which covers the achievements of active projects of the Fund throughout the last year. The next sections present an overview of the I3RF portfolio before sharing operational updates from 2022. The final sections provide a financial overview and convey the Fund’s ambitions for 2024. The annexes detail the progress of all projects under the I3RF and tabulate results achieved up to 2023.